Coinbase, the biggest crypto broker and one of the biggest exchange, has launched a new service for merchants, allowing them to seamlessly integrate crypto payments by adding a Coinbase Commerce button, not much different than the PayPal button.

After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won’t be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time.

After 2020, it is unclear how Aydin is involved (from the buyer's perspective, sellers appear to be screwed, as usual) other than processing credit card payments. Does the buyer need an Aydin account, or does the crypto option appear alongside credit cards and paypal at checkout? We don't have answers to this right now, but expecting ebay buyers to abandon paypal for Aydin seems unrealistic, since paypal is accepted at so many other places now.

After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won’t be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time.

After 2020, it is unclear how Aydin is involved (from the buyer's perspective, sellers appear to be screwed, as usual) other than processing credit card payments. Does the buyer need an Aydin account, or does the crypto option appear alongside credit cards and paypal at checkout? We don't have answers to this right now, but expecting ebay buyers to abandon paypal for Aydin seems unrealistic, since paypal is accepted at so many other places now.

Coinbase, the biggest crypto broker and one of the biggest exchange, has launched a new service for merchants, allowing them to seamlessly integrate crypto payments by adding a Coinbase Commerce button, not much different than the PayPal button.

Not sure this matters for ebay, since Aydin is working with BitPay. Ebay is not really a merchant, it's a collection of a million or more merchants, at least until they force sellers to use Aydin.

I suppose ebay could add the new Coinbase service as an option that each seller could use for payments, but that would eventually be redundant with the Aydin thing.

Dissenting voices have been silenced. BS is now a safe space.Democracy Dies in Darkness

After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won’t be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time.

After 2020, it is unclear how Aydin is involved (from the buyer's perspective, sellers appear to be screwed, as usual) other than processing credit card payments. Does the buyer need an Aydin account, or does the crypto option appear alongside credit cards and paypal at checkout? We don't have answers to this right now, but expecting ebay buyers to abandon paypal for Aydin seems unrealistic, since paypal is accepted at so many other places now.

+1

I don't plan to stop using PayPal.

See, this is my point. Buyers love paypal. Sellers, not so much.

Dissenting voices have been silenced. BS is now a safe space.Democracy Dies in Darkness

A lot of people didn't plan to stop using checks at grocery stores either. Can't remember the last time I saw anybody bust out a checkbook at a store. Don't worry, when it comes to the adoption S-curve there is a large group called "late adopters" and we still allow them on-board even though they are 10 years late to the party.

A lot of people didn't plan to stop using checks at grocery stores either. Can't remember the last time I saw anybody bust out a checkbook at a store. Don't worry, when it comes to the adoption S-curve there is a large group called "late adopters" and we still allow them on-board even though they are 10 years late to the party.

I seem to always get stuck behind Grandma at WalMart writing out a paper check.

Long John wrote:Hey, I wrote a check just yesterday. Don't put me out to pasture!

Writing checks to your bank for a mortgage payment doesn't count. Banks are the last to adapt to new tech.

I also don't like giving utility companies, cell phone providers, or many other companies access to auto ACH withdraw from my bank account. I know people that have gotten jacked over. Imagine a disputed cell phone bill where you went over your minutes, or a water main break under your house where your water bill went to over $500 and the utility auto-billed you. Good luck getting your money back AFTER they've already got it in hand. You are then negotiating from a position of weakness. No thanks.

I understand the convenience, but I'd rather 1) see the bill with full charges, 2) pay the bill quickly online with crypto in a few clicks. This is better than auto-deductions - which give others access to my bank account, saves the time/hassle of checks, and does away with the "permission" of a 3rd party like PayPal to run the charge through or not.

cmiller17363 wrote:If the stock market drop last week is the beginning of a longer term downtrend (I think it may be), do you guys see cryptos following suit or becoming more of a hedge like gold and silver?

jcz1 wrote:Thought everyone might enjoy this graphical look at history. (Note the title says "crashes" but each square uses the term "correction" instead.)

Yes, the reminder is very useful at times like this. Thank you. The first peak in the chart was $7.38 and the most recent one was $19,666. That illustrates very well how little these crashes or corrections have slowed the evolution of Bitcoin. All of that happened in 6 years. I was present for the six most recent crashes, and they were all pretty depressing. But look what happened each time by simply waiting...

You might loose your investment or you might get rich. Big money still supports Bitcoin. Some of the alts offer a better solution than Bitcoin for a currency. I trash the alts, but some of them work. The problem is picking the right one to buy.

Bitcoin is obsolete. So is Gold. Both will be around a long time. Bitcoin isn't going to zero.

Declining profit at $18K+ and then watching Bitcoin fall to $6K was not riding the bull. That was riding the f---ing bear. Sorry guys. I tried to push a message of taking profit if it made sense for you, not somebody else. I could have pushed harder, every time I saw the words "stay long." Hopefully some did take advantage of those crazy-high prices. Why should only the big Bitcoin holders get profits?